Myriad Genetics Stock Analysis

MYGN Stock  USD 4.47  0.35  7.26%   
Myriad Genetics is undervalued with Real Value of 8.55 and Target Price of 21.2. The main objective of Myriad Genetics stock analysis is to determine its intrinsic value, which is an estimate of what Myriad Genetics is worth, separate from its market price. There are two main types of Myriad Genetics' stock analysis: fundamental analysis and technical analysis.
The Myriad Genetics stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Myriad Genetics is usually not traded on Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day. Myriad Stock trading window is adjusted to America/New York timezone.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myriad Genetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Myriad Stock, please use our How to Invest in Myriad Genetics guide.

Myriad Stock Analysis Notes

About 97.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.68. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Myriad Genetics has Price/Earnings To Growth (PEG) ratio of 1.4. The entity recorded a loss per share of 1.12. The firm had not issued any dividends in recent years. Myriad Genetics had 2:1 split on the 26th of March 2009. Myriad Genetics, Inc., a genetic testing and precision medicine company, develops and commercializes genetic tests in the United States and internationally. The company was founded in 1991 and is headquartered in Salt Lake City, Utah. Myriad Genetics operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 2400 people. To find out more about Myriad Genetics contact Paul Diaz at 801 584 3600 or learn more at https://www.myriad.com.

Myriad Genetics Quarterly Total Revenue

195.9 Million

Myriad Genetics Investment Alerts

Myriad Genetics generated a negative expected return over the last 90 days
Myriad Genetics has high historical volatility and very poor performance
The company reported the previous year's revenue of 837.6 M. Net Loss for the year was (127.3 M) with profit before overhead, payroll, taxes, and interest of 582 M.
Myriad Genetics currently holds about 205.1 M in cash with (8.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.54.
Over 97.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Evolent Health, West Pharmaceutical Services, Myriad Genetics, Tandem Diabetes, and Integra LifeSciences Shares Are Falling, What You Need To Know - TradingView

Myriad Genetics Upcoming and Recent Events

Earnings reports are used by Myriad Genetics to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
27th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Myriad Largest EPS Surprises

Earnings surprises can significantly impact Myriad Genetics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2002-05-07
2002-03-31-0.08-0.070.0112 
2002-02-05
2001-12-31-0.06-0.050.0116 
2001-08-21
2001-06-30-0.05-0.040.0120 
View All Earnings Estimates

Myriad Genetics Environmental, Social, and Governance (ESG) Scores

Myriad Genetics' ESG score is a quantitative measure that evaluates Myriad Genetics' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Myriad Genetics' operations that may have significant financial implications and affect Myriad Genetics' stock price as well as guide investors towards more socially responsible investments.

Myriad Stock Institutional Investors

Shares
Camber Capital Management Llc2025-03-31
2.4 M
Artisan Partners Limited Partnership2025-03-31
2.3 M
Geode Capital Management, Llc2025-03-31
2.2 M
Dimensional Fund Advisors, Inc.2025-03-31
2.2 M
Morgan Stanley - Brokerage Accounts2025-03-31
1.6 M
Qube Research & Technologies2025-03-31
1.4 M
Nuveen Asset Management, Llc2024-12-31
1.4 M
Nuveen, Llc2025-03-31
1.2 M
Charles Schwab Investment Management Inc2025-03-31
1.2 M
Blackrock Inc2025-03-31
15.5 M
Vanguard Group Inc2025-03-31
10.7 M
Note, although Myriad Genetics' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Myriad Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 412.03 M.

Myriad Profitablity

The company has Profit Margin (PM) of (0.12) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.15) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.15.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.27)(0.25)
Return On Capital Employed(0.14)(0.14)
Return On Assets(0.12)(0.12)
Return On Equity(0.18)(0.17)

Management Efficiency

Myriad Genetics has return on total asset (ROA) of (0.0526) % which means that it has lost $0.0526 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1384) %, meaning that it created substantial loss on money invested by shareholders. Myriad Genetics' management efficiency ratios could be used to measure how well Myriad Genetics manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of July 2025, Return On Tangible Assets is likely to grow to -0.25. In addition to that, Return On Capital Employed is likely to grow to -0.14. At this time, Myriad Genetics' Non Currrent Assets Other are very stable compared to the past year. As of the 19th of July 2025, Other Current Assets is likely to grow to about 55.4 M, while Total Assets are likely to drop about 686.6 M.
Last ReportedProjected for Next Year
Book Value Per Share 7.74  5.48 
Tangible Book Value Per Share 1.68  1.60 
Enterprise Value Over EBITDA(21.51)(20.44)
Price Book Value Ratio 1.77  1.68 
Enterprise Value Multiple(21.51)(20.44)
Price Fair Value 1.77  1.68 
Enterprise Value1.1 B790.3 M
At Myriad Genetics, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Operating Margin
(0.15)
Profit Margin
(0.12)
Beta
1.854
Return On Assets
(0.05)
Return On Equity
(0.14)

Technical Drivers

As of the 19th of July, Myriad Genetics secures the Standard Deviation of 6.57, risk adjusted performance of (0.08), and Mean Deviation of 3.96. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Myriad Genetics, as well as the relationship between them.

Myriad Genetics Price Movement Analysis

The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Simple Moving Average indicator is calculated by adding the closing price of Myriad Genetics for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Myriad Genetics short-term fluctuations and highlight longer-term trends or cycles.

Myriad Genetics Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Myriad Genetics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Myriad Genetics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Myriad Genetics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Samraat Raha over a month ago
Acquisition by Samraat Raha of 1498 shares of Myriad Genetics at 3.562 subject to Rule 16b-3
 
Ancona Margaret over three months ago
Disposition of 1572 shares by Ancona Margaret of Myriad Genetics at 10.07 subject to Rule 16b-3
 
Natalie Munk over three months ago
Disposition of 362 shares by Natalie Munk of Myriad Genetics at 9.73 subject to Rule 16b-3
 
Paul Diaz over three months ago
Disposition of 26827 shares by Paul Diaz of Myriad Genetics at 9.98 subject to Rule 16b-3
 
Paul Diaz over three months ago
Disposition of 52682 shares by Paul Diaz of Myriad Genetics at 10.01 subject to Rule 16b-3
 
Paul Diaz over three months ago
Disposition of 30118 shares by Paul Diaz of Myriad Genetics at 10.07 subject to Rule 16b-3
 
Paul Diaz over three months ago
Disposition of 37564 shares by Paul Diaz of Myriad Genetics at 10.07 subject to Rule 16b-3
 
Shereen Solaiman over three months ago
Disposition of 1912 shares by Shereen Solaiman of Myriad Genetics at 10.73 subject to Rule 16b-3
 
Scott Leffler over three months ago
Disposition of 12230 shares by Scott Leffler of Myriad Genetics at 12.54 subject to Rule 16b-3
 
Dale Muzzey over six months ago
Disposition of 417 shares by Dale Muzzey of Myriad Genetics at 13.71 subject to Rule 16b-3
 
Ancona Margaret over six months ago
Disposition of 2231 shares by Ancona Margaret of Myriad Genetics at 22.72 subject to Rule 16b-3
 
Natalie Munk over six months ago
Disposition of 964 shares by Natalie Munk of Myriad Genetics at 27.64 subject to Rule 16b-3

Myriad Genetics Outstanding Bonds

Myriad Genetics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Myriad Genetics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Myriad bonds can be classified according to their maturity, which is the date when Myriad Genetics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Myriad Genetics Predictive Daily Indicators

Myriad Genetics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Myriad Genetics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Myriad Genetics Forecast Models

Myriad Genetics' time-series forecasting models are one of many Myriad Genetics' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Myriad Genetics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Myriad Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Myriad Genetics prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Myriad shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Myriad Genetics. By using and applying Myriad Stock analysis, traders can create a robust methodology for identifying Myriad entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.15)(0.15)
Operating Profit Margin(0.15)(0.15)
Net Loss(0.15)(0.16)
Gross Profit Margin 0.70  0.92 

Current Myriad Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Myriad analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Myriad analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
21.2Buy15Odds
Myriad Genetics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Myriad analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Myriad stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Myriad Genetics, talking to its executives and customers, or listening to Myriad conference calls.
Myriad Analyst Advice Details

Myriad Stock Analysis Indicators

Myriad Genetics stock analysis indicators help investors evaluate how Myriad Genetics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Myriad Genetics shares will generate the highest return on investment. By understating and applying Myriad Genetics stock analysis, traders can identify Myriad Genetics position entry and exit signals to maximize returns.
Begin Period Cash Flow140.9 M
Long Term Debt39.6 M
Common Stock Shares Outstanding90.6 M
Total Stockholder Equity701.1 M
Total Cashflows From Investing Activities-11.9 M
Tax Provision3.8 M
Property Plant And Equipment Net172.4 M
Cash And Short Term Investments102.4 M
Cash102.4 M
Accounts Payable32.3 M
Net Debt37.9 M
50 Day M A5.0112
Total Current Liabilities164.1 M
Other Operating Expenses961.1 M
Non Current Assets Total729.6 M
Forward Price Earnings476.1905
Non Currrent Assets Other8.5 M
Stock Based Compensation49.8 M
When determining whether Myriad Genetics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Myriad Genetics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Myriad Genetics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Myriad Genetics Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myriad Genetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Myriad Stock, please use our How to Invest in Myriad Genetics guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Myriad Genetics. If investors know Myriad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Myriad Genetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.12)
Revenue Per Share
9.138
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.05)
Return On Equity
(0.14)
The market value of Myriad Genetics is measured differently than its book value, which is the value of Myriad that is recorded on the company's balance sheet. Investors also form their own opinion of Myriad Genetics' value that differs from its market value or its book value, called intrinsic value, which is Myriad Genetics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Myriad Genetics' market value can be influenced by many factors that don't directly affect Myriad Genetics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Myriad Genetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myriad Genetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myriad Genetics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.